September 13, 2024
Unicorn Fintech slice is reportedly preparing to raise Rs 300 crore (around $36 million) through convertible bonds debt. According to a report by Entrackr, several key investors including Taneja Family Trust, Anju Family Personal Trust, UK2 Family Trust and MN Family Trust will co-lead the debt. The report said each of these trusts invested Rs
September 13, 2024
Based in Bengaluru financial technology loan platform Money Overview acquired fintech startup Jify in a share swap deal. Through this deal, Jify's two main investors Accel India and Nexus Venture Partners secured 60.2 lakh shares of Moneyview worth around $4 million. ET has accessed details of the deal through documents filed with the Registrar of
September 13, 2024
Bitcoin.com NewsLengthy Licensing Processes Stall Kenyan Fintech StartupsFintech startups face significant challenges when expanding into Kenya, mainly due to the lengthy and complex licensing process….7 hours ago
September 12, 2024
SPRINGFIELD, Mass. — Western New England University announced its new FinTech AI 413 Startup program Wednesday. FinTech, short for Financial Technology, involves computer programs that support financial needs such as mobile banking and money transfer applications. The program will aim to teach students how technology is used in business areas such as tax preparation, credit
September 12, 2024
Omnisient, leader in privacy-preserving data collaboration, receives globally recognized award Finovate Financial Inclusion Excellence Award 2024. Omniscient was the only African fintech to be recognized as a leader in its category. The award, presented in the United States, recognizes both established institutions and rising stars that have made significant strides in providing innovative and effective
September 12, 2024
Eke Uru, founder of Rise and Eric Asuma, founder of Hisa and The Kenyan Wall Street Rise, a Nigerian global investment startup, has made its second acquisition in less than a year after taking control Hisaa Kenyan startup that makes stock trading easier. The acquisition gives Rise the opportunity to operate in the Kenyan market
September 12, 2024
Senegalese startup Rubyx has secured a €400,000 ($440,000) loan from French development finance institution Proparco to accelerate the rollout of its new algorithmic lending offering for startups and microfinance institutions on the continent. Ruby has developed a cloud-native, API-driven digital lending platform that enables service providers to rapidly launch innovative lending products and meet evolving
September 12, 2024
Dive summary: Fidelity National Information Services, also known as FIS, said in a press release Tuesday that it will continue to support fintech startups through an accelerator program, selecting nine companies that it believes will disrupt the financial services industry. The Jacksonville, Florida-based company selected nine startups to participate in the ninth annual program, including
September 11, 2024
Bombay: Looking for the best? If yes, you are in the right place. To stay competitive in today’s e-commerce world, startups need to embrace modern technologies. One such important aspect of every banking operation is an application programming interface (API). These solutions allow businesses to offer a variety of financial services, from payments to loans,
September 11, 2024
PastPay, a Budapest-based B2B payment solutions provider, announced on Tuesday that it has secured €12 million in a Series A funding round led by Platina Capital, making it the largest B2B payment solutions provider in the world. BNPL increase throughout the EEC. Platina Capital is a global private equity and venture capital firm. The VC
September 11, 2024
Bitcoin.com NewsEgyptian Fintech Startup Raises $3.5 Million in Seed Funding RoundEgyptian fintech startup Mnzl recently raised $3.5 million in a seed funding round led by P1 Ventures, Localglobe, and Ingressive Capital.May 16, 2024
September 10, 2024
SUMMARY FlexiLoans has raised INR 290 crore (approx. $34.5 million) in its Series C funding round from a group of investors including Accion, Maj Invest, Nuveen and Fundamentum This fresh injection will help the NBFC further fuel its growth, expand its product range and scale its operations So far, the fintech startup claims to have
